Living In Digital Times

Kevin Gardner, Negosentro | Information on a computer is not as profound as making that information available over the Internet. One action maximizes space while the other opens minds. Networking is a fundamental aspect of human civilization. Sometimes pooling resources and trusting a central authority are helpful to survival. However, history shows that this often leads to corruption. Having at least some aspects of civilization that function via person-to-person transactions, rather than, solely permission centric regulations are desirable for sustaining higher living standards for the whole.

DIGITAL TRANSACTIONS

Network visibility solutions benefit the Internet of Things in immeasurable ways. Consider the speed at which the digital age innovates. Networking algorithms are increasingly important and need streamlining. The global economy benefits from transactions that are both visible and decentralized. Information dissemination, valued transactions, and money can come together to reshape the world that benefits all economic classes.

Information has only recently become a global commodity. It has led to innovations like 3-D printing which became a valuable way to transfer goods. Recent success brought digital money into the spotlight. When information, transactions, and goods can more easily navigate borders, human prosperity becomes a more global instance than a regional one.

NEW TECHNOLOGIES

Blockchain technology has arrived. Still considered in its infancy, it managed to captivate the financial markets. The original blockchain is much more than speculative. It already has provided solutions for distressed areas of the globe. This especially impacts weak fiat currencies. The Indian government’s removal of a large percentage of its currency might be the best example. The result was a dramatic difference in the price of cryptocurrencies paired with the rupee (as compared to the rest of the world). Blockchain technology is also beneficial to first world economies. Japan recognized this by its wide adoption of, and regulations that legitimize, cryptocurrency.

Alternative cryptographic technologies have been fueled by the success of the blockchain. Some seek to fill in the missing pieces that were not part of the original plan for decentralized, peer-to-peer monetary transactions. Others believe they have a better solution. All focus their efforts on using mathematics to replace the trust required in centralized systems. Still in their infancy, decentralized transactions are, if not widely accepted, recognized for their potential to change the future of the world.

It is easy to see why upon considering how computational devices changed the world decades ago, as well as, how the internetworking of global operations rely upon each other. Advancements in IoT show no sign of slowing. One attractive solution is to delegate oversight to artificial intelligence (AI).

AI/MACHINE LEARNING

The blockchain is younger and less attractive than artificial intelligence. Streamlining digital transactions did not garner the attention that AI did. Even though the delays of signing on to the Internet were of such annoyance that the AOL sound became a popular running joke. There is no doubt that AI is important since it brings high level thought to everyday activities without requiring human beings to maintained efforts.

AI (and machine learning) is considered one of the most impacting events upon the human race. Once depicted as having a binary personality, computers are becoming much more. Deep learning transforms them from a machine that takes orders, to something that provides a service; albeit a cautious transformation.

Digital transactions influence the world at increasing rates. Information already reshaped the way the millennial generation sees the world. Industries that digitize do not adhere to geographic borders.

Printing a 3D car illustrates the move away from discussions like an engine made in one part of the world that is assembled nationally. Higher level digital operations are more profound than this. Innovations in areas like AI would bring the limits of humanity closer to the limits of what the mind can conceive. Instead of just knowing things, the digital times foster dreams to reality.

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